FIRSTRAND BANK LIMITED - FRC401 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FRC401 - Notification of a Full Capital Reduction of Listed Debt Securities and Accrued Interest Payment

FirstRand Bank Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1929/001225/06)
Issuer code: FRII
LEI: ZAYQDKTCATIXF9OQY690
Bond code: FRC401           ISIN: ZAG000185703
(FRB)

NOTIFICATION OF A FULL CAPITAL REDUCTION OF LISTED DEBT SECURITIES AND ACCRUED INTEREST PAYMENT

In accordance with the terms and conditions of FRB’s R90 000 000 000.00 note programme dated 29 November 2011, as amended
or supplemented from time to time, noteholders are herewith advised of the full capital reduction and accrued interest payment of the
FRC401 notes.

Bond code:                                                        FRC401
ISIN:                                                             ZAG000185703
Nominal amount before reduction:                                  R37 300 000.00
Reduction of nominal amount:                                      R37 300 000.00
Nominal amount after reduction:                                   R0.00
Settlement amount:                                                R38 201 168.00, inclusive of accrued interest and calculated in
                                                                  accordance with paragraph 37 of the pricing supplement
Record date:                                                      9 October 2026
Pay / settlement date:                                            12 October 2026
Effective date of the reduction in nominal amount:                12 October 2026
Coupon rate:                                                      10.5000%
Accrued interest amount:                                          R901 168.00
Interest period:                                                  20 July 2026 to 12 October 2026

This full capital reduction is due to the repurchase of the listed debt securities by FRB, in accordance with the terms and conditions of the
notes.

8 October 2026

Debt sponsor
FirstRand Bank Limited
Date: 08/10/2026 04:55:00
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